News Clipping - Archives May 2017


TMA HEAD OFFICE 

DATE: May 25, 2017

DAWN NEWS

The budget & the people

Budget cosmetics

MQM-P wants govt to cut dependence on loans

FBR goes after bitcoin traders

Aptma for measures to boost exports

Nisab fixed at Rs38,405

THE NEWS

Load management plan for Ramzan finalised for PM’s approval

Pak economy among top performers of South Asia but challenges remain

Respite for the salaried?

Budget 2017-18: pie in the sky

Taxation matters

Sun to align over Kaaba on Sunday

Size of economy increases to $304 billion

MoU signed to end child labour and exploitation of labourers

Government likely to face dilemma in announcing unpopular fiscal measures

Federal budget with Rs4.8trln outlay tomorrow

Economic Survey today

Hostile tax system pushes trade deficit to record high: KCCI

LPG price up Rs10/kg

FBR must toughen up for higher revenue collection, sustainable growth

Textile millers demand investmentfriendly budget

B RECORDER

FY2016-17: All major targets missed

NA passes ‘The Companies Bill 2017’

Numbers must not lie

MQM-P’s shadow budget suggests reduction in GST

KATI voices concern over inadequate firefighting facilities

APTMA demands investment-oriented budget

SSGC to ensure uninterrupted gas supply to industries

Budget FY18: Some taxation suggestions

Govt committed to providing relief to export industry: Dagha

The C/A challenge

Anatomy of policy making

Nisab fixed at Rs38,406

Revenue measures to enable FBR to project Rs4trn target

DAILY JANG

National Assembly approved companies bill 2017

State Bank fixed zakat Nisabat Rs. 38406

DAILY EXPRESS

Nisab for zakat fixed at Rs.38406/-

2Persons got burnt in juries due to exploson of boiler in textile factory at SITE

Main reasons of declining expoorts is incomepetent envoys.

Willing to give same incentives to export sector as enjoyed by competitors Dhaga

LPG cost increased by Rs. 10 per kg before Ramzan

Textile sector made responsible for not growing long stable cotton.


TMA HEAD OFFICE 

DATE: May 24, 2017

DAWN NEWS

Business seminar ends with a bang: Companies enter into seven agreements

PML-N’s budget sixer?

$5bn spent on debt servicing in July-March

PPP calls for minimum wage of Rs18,000

Industry wants demurrage waiver extended

‘Banks in Balochistan shy away from financing SMEs’

“AD” SRB

THE NEWS

Experts suggest reduction in taxes, increase in exports

The textile industry

Murad tells KE to spare citizens from outages

Govt expects rise in exports, fall in imports during FY18

FBR, FPCCI at odds over budget proposals

Govt to ease tax payment mechanism

Budget preparations continue in full swing

Tanners propose budgetary measures to save industry

Chinese team arrives to look for business opportunities

Shah approves setting up of investment cell

B RECORDER

$10.4 billion current account deficit projected

Textile exports 10MFY17

Trade: no change, no gain

Pakistan trade team to visit China in July

PBIF chief for complete ban on cotton import

PTA for abolishing duty on raw material in 2017-18 budget

‘Bureaucracy should be fully aware of economic intricacies’

Foreign investors explore opportunities, seek cooperation

How does World Bank look at our economy?

All Pakistan Textile Mills Association

DAILY JANG

Proposal to enhance electric tariff on commercial consumers in budget

Proposal to keep volume of new federal budget Rs 5500 billion 

DAILY EXPRESS

NTN likely to be made mandatory for lawyers, doctors engineers in budget

Huge decline in exports increase in imports of machinery edible and petroleum 

Lahore chamber lodged strong protest on raid at business premises


TMA HEAD OFFICE 

DATE: May 19, 2017

DAWN NEWS

Rising external deficit

FBR to simplify laws to undercut shadow economy

Exporters hold back proceeds

Sindh offers taxpayers incentives

Pakistan’s external finance pressures still manageable, says Fitch

Reserves fall by $112m

Industry wants say in finalisation of Pak-Turk FTA

Monetary policy on 20th

THE NEWS

Six percent growth yes but only if govt stops managing economy: Forbes

Namaste, not handshake

Per capita income rises 6.4 percent to $1,629 in 2016/17

Sindh government unveils tax incentive scheme for defaulters

Govt urged to seek duty cut on machinery, raw material imports

Forex reserves fall to $20.678bln

FBR allows refund, input adjustment on packing material

LPG Chamber warns of crisis in Ramazan

Emirates launches new service

B RECORDER

Various items: RD may be raised by five percent

SRB announces tax incentive package

More than half of financial sector becomes dysfunctional!

Ministry lobbying for retaining GSP Plus status beyond 2018: NA informed

Forex reserves dip by $17 million

Monetary Policy tomorrow

Government urged to protect & promote local industry

Government may opt for rental power plants

Strategy for improving exports

Budget proposals

A letter to the leaders of my country

Text of SRB notification

DAILY JANG

Company’s bull 2017 will be applicable to registered companies SECP

Countries development is linked with SMES SM Muneer

Online trade volume will likely to reach up to 20 billion dollar by 2020 in the country

Forex reserves fall to $20.678bln

Preparation to be completed to place budget on 26th May finance minister Ishaq Dar

DAILY EXPRESS

Electric crisis reached at its peak loadsheeding begins in exempted area and in industrial area

Transporter’s strike ends exports activity could not restore

Forex reserves fall to $20.678bln

Gas crisis during Ramazan may erupt. LPG chamber


TMA HEAD OFFICE 

DATE: May 17, 2017

DAWN NEWS

ECC approves subsidy for Ramazan

Transporters’ strike

China’s new world order

SC urged to take suo motu notice of strike

‘Budget to boost export sector’

OICCI opposes tax amnesty, access to bank records

Abbasi brushes aside doubts about CPEC

PA asks govt to make new captive power plants operational

Groundbreaking of KCR in Sept: CM Murad

THE NEWS

Companies Act 2017 passed by Senate: Pakistanis living abroad bound to disclose assets

Coming Companies Act 2017 — commendable legislative achievement

Pakistan brings back sales tax, Customs duty on cotton imports

Govt asked to devise time-bound processing of stuck-up ST refunds

Pakistan, Alibaba sign MoU to promote exports

Goods’ transporters strike estimated to cause Rs100bln in trade losses

OICCI demands abolishment of super tax in budget

Budget to focus on achieving 6 percent GDP growth: Dar

Dutch experts to share business knowledge

Low tax revenue warrants FBR’s aggressive drive

Need stressed to protect local industry through budgetary measures

A pictorial view of transporters strike 

B RECORDER

Soft loans for remote-sensing satellite project: accord signed with Exim Bank

Exports badly hit by transporters’ strike

OICCI says investors cast doubts about sustainability of energy, Security

Five export-oriented sectors Zero rating to continue: Haroon

FBR chalking out roadmap to reduce size of black economy

MoU signed with Alibaba to promote SME exports

Expanding, not levelling the playing field

FDI: Not all about China yet

Cotton outlook 2017/18

Budget shouldn’t burden current taxpayers, says PBIF chief

Budget proposals: PCGA team assured of fair consideration

PYMA demands seven percent duty on polyester filament yarns

PARTLY FACETIOUS: I propose Dastgir joins PTI!

Government agrees to recommendations by PTBA

Budget to focus on achievement of six percent GDP growth: Dar

Shipping lines plan to impose congestion charges

Exports come to a halt as transporters strike enters 9th day

PCMA plans to acquire Netherlands’ expertise

Supreme Court’s attention drawn to strike by transporters

Goods transporters’ strike causes losses in billions

FBR agrees to settle audit cases by accepting 25 percent additional tax

Another setback to exports and trade

‘Budget exercise useful?’

SECP to ask cos to formulate ‘whistleblower’ policy

“AD” of new captive power plant 

DAILY JANG

33 years old companies ordnance 1984 scrapped by parliament new companies act 2017 approved

New companies act is the unique and best example of legislation

All issues of goods transporter will be resolved Muhammad Zubair

Rs 33 million loss of per day due to transporters strike all Pakistan Exporters forum  

System to be evolved to fix price mechanism of properties

Foreign direct investment reached at 1.75 billion dollar SBP

Polyester filament fabric industry be saved from total collapse PYMA 

Loadsshedding will be suspended during Ifiar and Shehr industries will remain close at night

Goods transporters strike crisis of edible goods feared during Ramazan 

DAILY EXPRESS

ECC meeting

India announced reduction of POL prices

Electricity production reached at 17021 MW

Meeting with governor Sindh on strike failed 

Decision to bring Rs 10000 billion black money into national mainstream 

FBR asked all departments not to send routine files till budget

Non-filers lives will be made miserable in budget Haroon Akhter

Strategy ready to boost exports

Transporters strike supermen court asked to take sou-moto

Overseas investor chamber against amnesty scheme

Abad stressed on continuation of fixed tax regime


TMA HEAD OFFICE 

DATE: May 16, 2017

DAWN NEWS

Alternative energy

Goods movement paralysed by carriers' strike in Karachi

FDI clocked up $1.7bn in July-April

Companies Bill 2017 gets the nod from Senate

Risk of heart attack spikes after flu

THE NEWS

British Pakistani schoolboy rejects £5m for his website

Oil tankers be shifted to Zulfikarabad terminal, orders SHC

China’s investments lift FDI to $1.733 billion in July-April

FBR’s WHT collection falls to Rs10.02bln in 10 months

Japan wants Pakistan to open CPEC for other countries

Proposed CNCP to save Pakistan billions on chemical imports

FBR not to audit final tax payment

B RECORDER

Rs 100 billion ST refunds blocked by FBR

Pakistan Yarn Merchants Association “AD” PM to seek proposals from businesspeople

ICMA Pakistan’s pre-budget proposals

FBR chairman urges private banks to provide loans to common people

Industrialists demand end to transporters’ strike

Customs values revised for imported, spun & blended yarns

PRA clears its position about double taxation by Sindh E&T Dept

Sindh govt urged to resolve goods transporters’ issues

Seminar on ‘Strategies for Improving Exports’ held

Lending preferences

Straggling FBR Revenues

Budget exercise useful?

Senate passes cos bill to encourage Corporatisation

DAILY JANG

Customers’ cases of financial institution can only be handled by banking court Supreme Court.

Transporters strike imports exports suspended.

Exporters will get special package in new federal budget.

Govt should take steps to resolve transporters issues KATI

DAILY EXPRESS

Goods transporters strike 2500 containers blocked at ports.transportation of edible goods suspended.

F.D.I reached to 1.75 billion dollar.

TMA’s successful tour to Brazil and Chile

Senate approved companies’ bill 2017

Ministry of texile industry proposed price of phutti Rs.3000/-


TMA HEAD OFFICE 

DATE: May 15, 2017

DAWN NEWS

Exclusive: CPEC master plan revealed

Oil companies oppose govt move to introduce higher quality diesel

“AD” Ministry of Commerce Government of Pakistan

Time to revisit withholding tax system

THE NEWS

Short on power

New Silk Road

B RECORDER

FBR mulling withdrawing fixed tax schemes

Historic rise in trade deficit

DAILY JANG

Review petition of new electric tariff will be held on 22nd May   

DAILY EXPRESS

Islamabad trader’s demands reduction in withholding tax

Appeal to activate NLC for restoration of exports 


TMA HEAD OFFICE 

DATE: May 14, 2017

DAWN NEWS

SBP grants licence to Bank of China

Banning cold drinks

4th industrial revolution

PAC proposal

SHC orders formation of body to review heavy vehicles’ movement in Karachi

THE NEWS

Ban on heavy traffic to continue in Karachi, rules high court

SBP grants operating licences to Bank of China

CIPE proposes measures to boost investment

Manufacturing fortunes

B RECORDER

Budget (2017-18): Host of legal, procedural changes in tax laws Likely

PBIF for improving tax system

Ban on heavy vehicular traffic to continue: SHC

Business confidence declines during last six months: OICCI Survey

SBP grants banking licence to Bank of China

Pakistani products: Display centre to be set up in Uzbekistan

10-hour load-shedding plan for industrial sector flayed

Tax lawyers predict drop in filing of returns next year

Taxpayers must be new VIPs of society

“AD” FBR 

DAILY JANG

Short fall of electricity stands at 3667 MW

Restriction on movement of heavy traffic remains recommendation to form committee for fixing routes

Goods transporters strike in Karachi continued  movement of containers under suspension 

DAILY EXPRESS

Security deposit stolen facilitator arrested 


TMA HEAD OFFICE 

DATE: May 13, 2017

DAWN NEWS

Mobile power plants

FBR unlikely to achieve revised revenue target

IFC pledges $238m for wind power in Sindh

EU restores GSP+ concessions to Sri Lanka

 F.B.R “AD”  ON TAX DISPUTE

THE NEWS

FBR chairman refuses to compromise on tax policies

TRC proposes new codes for simplification of tax laws

Govt urged to take action against illegal Indian fabric imports

B RECORDER

10-hour power outage to drop production: PIAF

 FBR chief for facilitating taxpayers, disposing of pending cases

Governor asks foreign missions to help soft travel advisory

Goods transporters strike enters 4th day

Number of filers jumps to 1.4m, says FBR chief

Reserves decline on debt servicing

Unscheduled loadshedding: LHC issues notices to power companies

GAS SUPPLY CLOSURE EVERY SUNDAY INDUSTRIAL AND CAPTIVE POWER

DAILY JANG

Proposal to set revenue target of Rs.4th thousand 25 billion for new year.

Work on tallest bulding of the world “Jeddah Tower will be completed delayed by 2019

In Pakistan Rs. 3 thousand billion is of black and Rs. 3 thousand billion is of white economy.

Pakistans import more than its exports trade deficit increase by 50%

Pakistan is becoming most attractive country for investment governor sindh.

DAILY EXPRESS

Definition of non residents likely to be changed in budget

Strategy paper on budget approved.

G.S.P Seminar on rex under T.D.A.P held in Sialkot

Pak- Thailand dialogue on F.T.A will be held from 17th May.

Action on incomplete declaration of goods warned.

No raid will be done at business premises at all asudden Chairman F.B.R


TMA HEAD OFFICE 

DATE: May 12, 2017

DAWN NEWS

PM relaxes fiscal deficit limit for next three years

7,500MW to be added to grid in 2017-18: PPIB

Exports take a hit amid goods carriers’ strike

Alternative routes for heavy traffic stressed

THE NEWS

Unattended civil services dying fast

Businessman alleges life threats, bid to deprive him of assets

Forex reserves fall to $20.79 billion

B RECORDER

Tariff lines: government to seek concessions from China

Budget strategy approved by Cabinet

Industrialists warn of big electricity crisis

Canada lauds Pakistan’s inclusion among 10 most-improved Countries

With trucks at standstill, freight charges up 25 percent

Customs value of different types of chemicals revised

Date for submission of DLTL claims extended

DAILY JANG

Examination system of CSS is going to wards collapse speedily

FBR promoted 9 DY/ additional commissioners in new posts

FBR collected 163,000 tax returns more during 10 months 10 days

DAILY EXPRESS

July –April trade deficit increased by 40% amounting to 26 billion 55 crore dollar 

Chamber of commerce divided over submission of budget proposals

Forex reserves fall to $20.79 billion

Demand to allow duty free import of industrial machineries


TMA HEAD OFFICE 

DATE: May 11, 2017

DAWN NEWS

Shortfall crosses 6,000MW: Outages a nerve-wracking ordeal

Punjab to go for another gas-fired power plant

T.D.A.P “AD” MAGIC LAS VEGAS – USA AUGUST 13-16, 2017

Power rackets

Dismantling Nepra

Wastewater treatment

‘Business confidence falters’: OICCI quarterly survey reports

Banks allowed to settle export loans of up to $50,000

Pak-Turkey FTA to be signed on Aug 14

Govt urged to set up dry port in Hub

 India’s cotton area to hit 3-year high as prices rally

Only 2pc candidates passed CSS examination last year

No respite from power outages as Bin Qasim unit trips for second time within a week

THE NEWS

Inefficiency and the power crisis

SBP eases foreign currency trade loans policy

ICAP proposes structural reforms in tax system

Poland’s trade with Pakistan reached Rs48bln in 2016: envoy

Pakistan among top flourishing economies

Governor, Saudi envoy discuss investment opportunities

B RECORDER

4pc of global trade to pass through CPEC by 2020

Outstanding export loans: SBP allows settlement thru interbank market

Schemes, projects approved by EDF board

Trade deficit rises to $26.55bn in July-April

Branchless banking: budget-makers review proposal

Budget preparation: Govt accused of not taking opposition on board

Goods transporters strike: Exporters suffer Rs6bnloss a day

Shahbaz approves gas-based 1200mw power plant

‘4,200MW electricity added to national grid’

Experts doubt govt’s ability to tax richer, bring traders to tax net

Moody’s rating

Who is afraid of PPP?

Ending audit proceedings: FBR may prescribe two-year time limit

DAILY JANG

Ferry service between Pakistan Iran not impossible but very difficult

Confidence amongst investors reduced by 1% recorded. O.C.C.I Survey.

Steps to be taken to get access of exprt shipments at ports.

State Bank reviewed policy of loans on exports

Countrys economy attention should be given to wards negative factors.

DAILY EXPRESS

Amendment in economic reform act likely.

Volume of federal budget Rs. 5.3trillion expected G.D.P target to be fixed at 5.30 %

Exemption likely in with holding tax on trasaction through branch less banking

Exporters facing huge loss due to transporters strike.

State Bank reviewed policy of loans on exports

Containers transporters strike meeing in Karachi chamber end in conclusive

Pakistanis companies appreciated in tec texile


TMA HEAD OFFICE 

DATE: May 10, 2017

DAWN NEWS

Tex World

Air pollution

SBP, Iranian counterpart come up with transaction settlement mechanism

Goods carriers’ strike enters second day

Rs480bn circular debt case referred to FIA, NAB

FPCCI calls for defusing border tensions

Reliance on fossil fuel hurting Pakistan: LCCI

Envoy calls for increasing Pak-Swiss bilateral trade

US small businesses worry about trade policy, too

“AD” FBR

PMA slams Indian govt for stopping medical visas for Pakistanis

THE NEWS

The political economy of regional trade

India finding it hard to end love affair with cash!

FBR launches digital dictionary for withholding agents

State Bank devises payment settlement mechanism with Iran

‘China’s $55bln investment to boost economic development’

‘Protest to affect port activities’

B RECORDER

Islamabad, Tehran to trade in euro or yen

Budget exercise in full swing: FBR chief

Goods transporters go on ‘indefinite’ strike

Women entrepreneur: FPCCI seeks special incentives

Senate body recommends plots for women chambers of Commerce

FBR launches digital directory for withholding agents

Economy faces enduring challenges: IPR

Punjab government to expand tax net in budget

Swiss CG to facilitate MoU between SCCI, FCCI

Dar’s delirious optimism

‘Distributive by design’

‘Time to switch over to solar energy’

DAILY JANG

Tax fraud of Rs 4 billion MD and CFO of company arrested

Travel advisory is not against Muslims Trump administration

Law and order improved investment in Karachi is increasing governor Sindh

Economic development not possible without industrial stability KATI

Exploring new markets is a must for increasing exports SM Muneer

Mode of transaction between Pakistan and Iran is ready

Qatar can get benefit in food textile and other sector from Pakistan’s experience Khurram Dastgir

Suspension of exports in present scenario is not good Karachi customs agents

Permission should be given to play heavy traffic between 09:00 PM to 06:00 AM transporters

Payment of circular debt Rs 60 billion 67 crore declared illegal

DAILY EXPRESS

Tax collection target likely to be fixed at Rs 4025 billion

Karachi goods transporters strike begins transportations of goods stopped 

FBR imposed emergency to achieve tax target 

Digital directory of withholding tax against released

Zubair Moti Wala and Asad Nisar condemned statement of Mustafa Kamal

Islamabad, Tehran to trade in euro or yen

Textile and process technology fair begins at Frankfurt

Non availability of containers Karachi chamber in action 


TMA HEAD OFFICE 

DATE: May 09, 2017

DAWN NEWS

PPP sees scam in bank’s Right Issue move

PM sees considerable scope to boost trade ties with Oman

Power sector adrift

Fourth industrial revolution

BoI to hold FDI roadshows

Banks asked to end discriminatory lending

Goods carriers go on strike against SHC ban on movement

THE NEWS

Youngest and oldest heads of state and government

MCCI demands govt withdraw WHT on bank transactions

FPCCI delegation visiting Morocco

Ready to change CPEC name, says Chinese envoy to India

FBR selects 4,000 property transactions to check concealment of money

Is Pakistan’s solar power poised to take off amid energy crisis?

SBP advises banks on consumer finance practices

‘No proposal to withdraw zero-rating status in upcoming budget’

B RECORDER

Amendment in tax laws: Finance Bill may provide level playing field to  slamic banking

Banks given advice: State Bank against discriminatory lending

Energy crisis persists

Is solar power poised to take off amid energy crisis?

MCCI seeks WHT abolishment on banking transactions

Nadra unblocks 155,757 CNICs, but temporarily

Predicting the budget

PTEA chief for actual implementation of zerorating regime

Pakistan yarn Merchants Association “Ad”  

DAILY JANG

Increase in P.O.L prices. Ministry of petrolum issued notices

Finance minister will give incentive package to local industry in new federal budget.

Customers complained against discriminatory attitude. SBP takes serious notice.

Allegations condemned againist stealing Karachi water by Karachi industrilists and traders.

FPCCI delegation leaves for Morocco

Drinking Water is more costly than cold drink in few countries including Pakistan.

Order issued to arrest tax defaulter up to 15th May if not paid tax

DAILY EXPRESS

Financial year 2017-2018 rupee depriciated by 0.50 paisa more

Transporters on strike ports likely to be chocked

F.P.C.C.I 17 members delegation leaves for Moracco

Chinese imports scuccessful experiment by declaring low value and avoding tax

Bank is bound to give reasons on dellinging loan application.

Frankfurt techinical textile and tex process beging to day


TMA HEAD OFFICE 

DATE: May 08, 2017

DAWN NEWS

Power cuts return as shortfall touches 7,000MW

Looking at the big picture

No policy for domestic commerce

Budget 2017-18: draft taxation proposals

THE NEWS

Increase in tax collection, inflation at its lowest: Dar

India’s property law protects ‘buyers’

B RECORDER

More Japanese investment in

Can fasting help with weight loss?

‘Garment sector faces severe liquidity crunch due to pending refunds,’ CEO Ashraf Industries

DAILY JANG

In new budget law will be imposed to forfeit benami bank accounts and benami  assets

All-time record tax collection of Rs 25553 billion from 1st July to 5th May

IMF analysis on Pakistan economy

DAILY EXPRESS

60% tax collocation increased during 3 years

Revenue short fall FBR order to enhance audit range

FBR hope full to get refund after assurance by officials 

Site super highway demands compensation of fire loss

Plan to enhance exports failed govt review new trade policy

All ternate committees empowered to resolve tax disputes 


TMA HEAD OFFICE 

DATE: May 07, 2017

DAWN NEWS

22,000 big taxpayers, 100,000 rich individuals slip under FBR radar

Low interest rates lead to fall in govt revenues

‘Pakistan on path of sustainable economic growth’

THE NEWS

Designated-ambassadors visit ICCI

B RECORDER

Low cotton output to have negative impact on GDP growth

Fire at industrial estate: SSAI urges government to compensate Losses

Business confidence has increased: ACCA survey

Germany proposed charging Britain for EU single market Access

Withholding tax on banking transactions

India bans medical visas to Pakistani citizens

“AD” FBR 

DAILY EXPRESS

Proposal to setup Rs 10 billion sustainable energy fund in next budget

Encroachment on FBRs expensive land detected

Track and terms of reference finalized


TMA HEAD OFFICE 

DATE: May 06, 2017

DAWN NEWS

PIA may suspend Karachi-Mumbai flight operations 

Hunting for taxes

PML-N follows PPP example, looks for mobile and rental power plants

Budgetary borrowings go up 50pc

Companies demand end to ‘super tax’

India passes law to tackle bad debt

PHMA for continuation of zero-rating facility

THE NEWS

Dar urges SAARC countries to expedite trade liberalisation process

Child labour

 Revenue board documents Rs56 billion real estate transactions in 5 months

Govt urged to continue ST zero-rating

Traders threaten to boycott budget

B RECORDER

Back to Musharraf’s electricity tricks?

Money laundering and predicate offences

PBIF chief lauds CPEC prospects

REAP abolishes chief patron post

Coal power plants only solution for energy shortage: minister

PHMA for continuing ST zero-rating facility inbudget

India passes new law to tackle bad debt

Labour Day loses its meaning for many

Gas Supply Closure Every Sunday Industrial And Captive Power

DAILY JANG

Infederal budget proposals will be included to make countyrs economy doucmented

Free trade under safta amongest SAARC countries be made speedy Ishaq Dar   

Heat weave threat to hit Karachi during may and June.

INTERNATIONAL SOURCING EXPO (ISEA) SYDNEY- AUSTRALIA 14 TO 16 NOVEMBER, 2017


TMA HEAD OFFICE 

DATE: May 05, 2017

DAWN NEWS

Falling reserves

Reserves drop to $21bn

Exports go up as rupee falls against major currencies

Dar seeks $2.5bn ADB loan

‘Employing more women diversifies talent pool’

PIA to start flights to Central Asia

Power, fuel suppliers may get major payments in a week

THE NEWS

Pakistan plays active role in Ecommerce debate

Loudspeakers not necessary for ‘Azaan’: Indian court

‘Sindh to allocate Rs270 million for 10 environmental protection centres’

North Korea claims Pakistani tax officials beat diplomat, wife

Pakistan seeks more than double financing for infrastructure projects 

Nepra initiates proceedings for captive power tariff

Customs may launch Chinese trade data verification this month

Forex reserves fall to $21 billion

Country’s economy not on a sustainable growth path: reports

RTO issues 17,000 NTNs to broaden tax base

SECP registers 884 companies

Safe working environment must be ensured for women, says governor

B RECORDER

Govt may revise collection target downward

Senate panel approves Cos Bill with 39 amendments

— asks chambers to report any raid by taxmen

Pak-Iran trade

Plastic industry: Customs values of different raw materials revised

Pak-Iran banking channel to boost trade up to $5bn: FPCCI

‘EDF: Fix it or finish it’: MoC rejoinder

Salaried class: FBR seeks to maximise WHT collection in Q4

“AD” Pakistan Textile Exporters Association 

DAILY JANG

Chairman SECP and governor State Bank will appear today before special bench

FBR collected 113.2000 tax return

PIA will start son air flights for central Asian states 

Forex reserves fall to $21 billion

Delegation of Karachi customs agents association met president Karachi chamber

DAILY EXPRESS

US $ fall below Rs.106/-

Dollar deposits of commercial bank reduced by 15.75 crore $ Govt reserves increased

Islamic banking should be highlighted Governor Sindh

Work started on special economic zones for Chinese invertors

Better relief will be given in Punjab budget to traders and industrialists


TMA HEAD OFFICE 

DATE: May 04, 2017

DAWN NEWS

‘Russia wants to initiate trade with Pakistan’

CPEC won’t create environmental problems for Pakistan: China envoy

Environmental laws

Murad seeks LNG import policy

NA body flays KE for overbilling

THE NEWS

Environmental pollution

PSO seeks Rs101 bn for fuel stock by June 30 for smooth power generation

SBP, PBS still unable to conciliate divergent data

‘Govt should take substantive tax, policy reforms’

SECP formulates collateral management companies’ rules

Air China mulls increase in flights to Pakistan

FTA talks with GCC states on cards

B RECORDER

Pakistan-Iran trade: PM for achieving $5 billion target

Is exchange rate hurting exports?

Foreign assets declaration: FPCCI urges govt to announce one-time amnesty

Out-of-court settlement under ADRC: FBR asks tax bars, chambers & trade bodies to play their role

Price determination: Ogra rejects audit objection

DAILY JANG

Noticication issued for reduction of electirc tariff by Rs.1.30 paisa

IR inteeligence has recovered crore of tax from Faisalabad and Lahore tax defaulters

Court orders to vacate within 60 days 3 illegal occupants of Karachi chamber

Traders and Industrialists will be given good relief finance minister Punjab

Countrys spinning, ginning industry facing worst financial crisis

L.P.G price reduced by Rs.5/ per kg.

Direct trade with Pakistan and Iran will start from next month.

Short fall of electricity stands at 2794 mega vault 

DAILY EXPRESS

K- Electirc has reduced more generating capacity of electricity

Demand for tax ammnesty scheme for non filers and declaring assetts.

T.D.A.P Chief. Decision to close appointment on political ground

Stressed to abolish capital gain tax on immoveable property

Court orders to vacate within 60 days 3 illegal occupants of Karachi chamber


TMA HEAD OFFICE 

DATE: May 03, 2017

DAWN NEWS

A stop-gap budget

Black money in real estate

Cheap kerosene being mixed with petrol, diesel

Karachi paying bulk of motor vehicle tax as rest of Sindh contributes 0.5pc, PA told

THE NEWS

Tough times in textile sector hurting exports

FBR initiates scrutiny of offshore transactions

SME uplift plan made part of ‘Pakistan Vision 2025’

‘Pak-Turkey FTA talks by month-end’

OICCI urges abolishment of Sindh development levy

B RECORDER

Trade: Lose-lose scenario

Gas price equalization not constitutionally possible: experts

PTEA hails disbursement of drawback of taxes

Budget — a new approach

Ease of doing business

DAILY JANG

One of the reasons Karachi traffic jam is 1 lac goods trailer, container and water tankers

Stakeholder linked with industry and business be nominated in implementation committee

Special attention is being given on restoration of infrastructure in industrial zones governor Sindh

Budget should be public friendly

DAILY EXPRESS

Tax system and influential class

Demand to made tariff rate of electricity gas at per with neighboring countries  

Instruction to submit report of tax refund scrutiny today

Riaz Uddin can act for 3 months as governor SBP


TMA HEAD OFFICE 

DATE: May 02, 2017

DAWN NEWS

Stop-gap appointees preparing next budget

Workers reject Rs1,000 hike in wages

FBR says tracing offshore companies a difficult task

Pakistan, China finalising long-term plan for CPEC

IMF warns Pakistan, others of 30pc hike in oil import bill

Govt may have to swallow tax amnesty’s bittersweet pill

Tribunal bars FBR from using coercive measures

Gas found in Sindh

Italian businesses are waking up to Pakistan’s potential: envoy

THE NEWS

Public being agonised over water, electricity, gas: Bilawal

Six power plants to end loadshedding by end of year

Labourers demand raise in salaries, change in labour laws

Labour and dignity

Tax collection target revised downward by Rs121 billion

Riaz appointed interim SBP governor

Sindh plans improvement in labour policies

SBP, PBS import data gap reaches $4.6 billion in nine months

Pakistan Customs developing online single window

Manufacturing deficit pulling down growth, investment

B RECORDER

Riazuddin appointed acting SBP governor

Offshore companies: 70 individuals could not be traced

ATIR suspends Appeal Commissioner’s conditional stay order

Jul-Mar services exports cross $4.3bn mark

Chinese dumping, greater worries for Pakistani producers

The economy: govt claims challenged

World Intellectual Property Rights Day-2017: The role of Customs

Dr Ishrat Husain: ‘When there is no neutral umpire, markets are rigged by the elite for their own advantage’

Dar reviews preparations for federal budget

DAILY JANG

Rizzuddin appointed acting governor state bank

1st time in historyof 1& irevenue  performance report issued.

Withholding tax on bank transaction likely to reduce in next budget.

F.P.C.C.I proposes to introduce on time amenesty scheme

Chambers budget proposal to be made part of budget.

Indian govt announced enhancement of price of P.O.L products.

Implementaion on export package announced in Jauuary be assured Atif Ikram

Islambad chamber womens consisting 10 members leaves on 10 day tour of Europe

Karachi Islamabad finacne export end conference on 4th May

P.O.L prices and issues of common man.

Decision to open tax matters of realestate. Sugar, Cement, Ghee incliding other 16 sectors.

Action against electirc thieves stopped under presidental oradance (Ammended) 2011

DAILY EXPRESS

Decision to bring in to taxnet transations of remittance through easy paisa and eastern union

Importers benefitted Rs.118 bilion inspite of tax exemption.

LPG Price reduced by Rs.9 per kilo

Aggressive plan ready to increase exports of value added taxtile sector.

Industries are being given uniterrupted electricity Ahsan Iqbal

Govt should takes steps to enhance exports Atif Ikram

Pakistan custom issued valuation ruling on zipper

Karachi Islamabad finacne export end conference on 4th May


TMA HEAD OFFICE 

DATE: May 01, 2017

DAWN NEWS

Petrol, diesel prices to remain unchanged

Renewable energy for growth

No labour reform

Microsoft creates Dubai Font, first typeface for a city

Looking at CPEC costs amid hype

GSP+ and worker rights

Sialkots share in exports

Increasing unemployment

THE NEWS

Govt keeps petroleum products prices unchanged

Falling remittances

Curbing benami transactions

Weighing up returns

B RECORDER

Zero-rating facility may be withdrawn Export-oriented sectors face grim prospect

Prices of petroleum products kept unchanged

Mamnoon renews pledge to protect labourers rights

34,859MW hydropower projects to meet future energy needs

Towels worth $70.354m exported in March

Sales tax on motor spirit increased

Chinas manufacturing growth slows faster than expected

Tax breaks and the economy

Economic and social survey for Asia and the Pacific 2017 Effective governance key to economic growth

The energy sector — II 

Microsoft creates Dubai Font typeface for the city